Travis Perkins plc (LON:TPK - Get Free Report) shares reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 655.50 ($8.00) and last traded at GBX 658.50 ($8.04), with a volume of 1632352 shares trading hands. The stock had previously closed at GBX 662 ($8.08).
Wall Street Analysts Forecast Growth
A number of research analysts recently weighed in on the stock. Berenberg Bank increased their price objective on shares of Travis Perkins from GBX 800 ($9.77) to GBX 880 ($10.74) and gave the company a "hold" rating in a research report on Thursday, October 24th. JPMorgan Chase & Co. cut their price objective on Travis Perkins from GBX 1,000 ($12.21) to GBX 910 ($11.11) and set an "overweight" rating for the company in a report on Thursday, December 5th.
Get Our Latest Report on TPK
Travis Perkins Stock Performance
The company has a debt-to-equity ratio of 52.98, a quick ratio of 0.84 and a current ratio of 1.65. The stock has a market cap of £1.38 billion, a P/E ratio of -8,175.00, a P/E/G ratio of 6.44 and a beta of 1.52. The business's 50-day moving average price is GBX 748.46 and its 200-day moving average price is GBX 839.
Insider Buying and Selling at Travis Perkins
In related news, insider Duncan Cooper bought 2,945 shares of the business's stock in a transaction that occurred on Tuesday, October 29th. The stock was bought at an average cost of GBX 840 ($10.26) per share, with a total value of £24,738 ($30,201.44). Also, insider Pete Redfern purchased 249,218 shares of Travis Perkins stock in a transaction that occurred on Monday, November 11th. The stock was acquired at an average price of GBX 803 ($9.80) per share, for a total transaction of £2,001,220.54 ($2,443,194.41). 3.63% of the stock is currently owned by corporate insiders.
Travis Perkins Company Profile
(
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Travis Perkins plc engages in distribution of building material products in the United Kingdom. It operates through Merchanting and Toolstation segments. The company offers tools and building supplies. It also distributes pipeline products, as well as supplies managed services, and commercial and industrial heating and cooling solutions.
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